Electrification from the bottom to the peak

July 16, 2018

The strong growth of global power development and application in 2010 has made the electrical companies providing technical equipment perform well. In the â€œFinancial Timesâ€ recently announced by the UK in the list of 2011 Global 500 Listed Companies, the overall performance of electrical companies is better than the overall performance.

Global power demand has experienced a strong rebound in 2010 after experiencing its first decline since 1945 in 2009. In June, BP announced her 60th annual report: "World Energy Statistics 2011". In 2010, the world's power generation reached a record 21.3 trillion kWh, soaring by 5.9%. The growth rate has been statistical data since 1990. The new high, and in 2009 the global power generation from the previous year's 20.3 trillion to 20.1 trillion degrees, fell by 1%, the growth rate for the lowest 20 years.

"World Energy Statistics of 2011" shows that in 2010, global energy consumption increased by 5.6%, the highest rate since 1973. With the acceleration of economic recovery, both mature OECD (OECD) economies and non-OECD countries, energy consumption growth rate is higher than the historical average. The growth rate of global energy consumption exceeds the economic growth rate. The energy intensity of economic activities has increased for the second consecutive year. It has grown at the fastest rate since 1970, and the growth rate of carbon dioxide emissions has reached the highest level since 1969. Energy demand in OECD countries increased by 3.5%, the strongest growth since 1984, although energy consumption was roughly equivalent to that of 10 years ago. Non-OECD countriesâ€™ energy consumption increased by 7.5%, 63% higher than the 2000 level. In 2010, China surpassed the United States as the world's largest energy consumer. China's energy consumption accounts for 20.3% of the world's total, surpassing the United States, which accounts for 19% of the world's total.

In 2010, the growth rate of global power generation exceeded the growth rate of energy consumption by 0.3 percentage points. From 2000 to 2010, global energy consumption increased by 27.9%, while electricity increased by 38.5% over the same period, indicating that clean energy is in the entire energy system. The status has further improved. The global power generation surge in 2010 has shown different performance in different countries and regions. The overall growth rate of developing countries represented by the BRIC countries is much higher than that of the developed countries, and this trend has been highlighted since the 21st century.

In 2010, the 15 countries with the highest electricity generation in the world generated 16 trillion kWh of electricity, a year-on-year increase of 6.5 percent, 0.6 percentage points higher than the global growth rate, a 39 percent increase over the electricity generation in 2000, and a global growth rate. It is basically the same. In 2010, the 15 countries accounted for 75% of the world's electricity generation. The worldâ€™s leading power generation country, the United States, has its global leadership and is directly challenged by China. The power generation in the United States decreased by 3.8% in 2009. It increased by 4.3% in 2010, but only increased by 8.4% from the power generation in 2000. The share of the world's electricity decreased from 25.9% in 2000 to 20.3% in 2010. , a decrease of 5.6 percentage points. Chinaâ€™s power generation increased by 6.9% in 2009. The growth rate in 2010 almost doubled, with a growth rate of 13.2%. The power generation in 2010 increased by 210% compared to 2000, and its share in the world rose from 8.8% in 2000 to 2010. The rate of 19.7% in the year has increased by nearly 11%. In 2011, China will undoubtedly surpass the United States to become the world's largest power producer. India, which is also a developing country, ranks as the fifth largest power producer in the world. In 2010, power generation increased by 6%. In 2000, power generation increased by 66.2%. The rate of development since the beginning of the 21st century is also very strong. South Korea, the country with the ninth largest power producer, increased its electricity generation by 9.4% in 2010 and increased by 71.2% in 2000. These two figures are only lower than those of China in the 15 major power generation countries. The growth rates of developing countries such as Russia, Brazil, Mexico, and South Africa, which are among the top 15 power generation countries, are also relatively impressive, but they are mostly lower than the global 38.5% power generation growth rate in 2000. In the developed countries, Japanâ€™s power generation increased by 2.8% in 2010, while its power generation in 2009 decreased by 5.5%. The power generation in 2010 increased by 8.3% compared to 2000, and her position in the worldâ€™s third largest power generation country will soon be Russia and India surpassed. The growth rate of power generation in Germany and France ranks in the forefront of the developed countries in 2010, rising by 4.7% and 5.7% respectively. Compared with the increase in power generation in 2000 by 10% and 6%, the UKâ€™s power generation growth in 2010 was 1.5%, compared to 2000. The power generation capacity only increased by 1.1%, which is the last place in the 15 largest power generation countries. While Spainâ€™s power generation capacity in 2010 only increased by 1.4%, it increased by 29.5% compared to 2000. This figure leads the developed countries.

The global power structure is undergoing major changes. In 2010, 1.3% of the world's total electricity consumption came from renewable energy sources, an increase of 0.7% from 2000. In 2010, 2.2% of energy consumption in OECD countries was renewable energy, compared with 0.6% in non-OECD countries. There are 8 countries in the world with more than 5% of renewable energy sources, of which Denmark is the most prominent, and renewable energy accounts for 13.1% of total energy use. The OECD countries are still the world's leading producer of renewable energy, accounting for 77.5% of the world's total output. Non-OECD countries have significant growth in renewable energy power. In 2010, non-OECD countries accounted for 36.3% of total global growth in renewable energy. The global renewable energy power generation increased by a total of 15.5% in 2010, the fastest increase since 1990, and wind power generation continued to grow strongly with an increase of 22.7%. The United States and China have the most significant increase in wind power generation, accounting for nearly 70% of the total global growth.

In 2010, global hydropower consumption increased for seven consecutive years, total consumption increased by approximately 5.3%, and the consumption volume created a new record. The countries with the strongest growth were: 88.2% in Portugal, 60.9% in Spain, and 59.4% in Belgium. China is the worldâ€™s largest producer of hydropower, accounting for 21% of the worldâ€™s hydropower generation. Countries with more than 5% share include Brazil, Canada, and the United States. Their hydropower output accounts for 11.6%, 10.7%, and 7.6% of the world's total respectively.

Global nuclear power continued to grow by 2% in 2010 after three consecutive years of decline. About three-quarters of the increase in growth came from OECD countries. In 2010, nuclear power consumption in the United States increased by 1%, accounting for 30.7% of the world; French nuclear power consumption increased by 4.4%, accounting for 15.5% of the world; Japanâ€™s nuclear power consumption increased by 1.7%, accounting for 10.6% of the world; Russiaâ€™s nuclear power consumption increased by 4.1 %, accounting for 6.2% of the world; South Korea's nuclear power consumption was unchanged from 2009, accounting for 5.3% of the world; Germany's nuclear power consumption increased by 4.2%, accounting for 5.1% of the world; China's nuclear power consumption increased by 5.3%, accounting for 2.7% of the global .

In March, the nuclear crisis that broke out in Fukushima, Japan, brought global nuclear power to an uncertain period. The German Minister of the Environment announced on May 30 that Germany will shut down all domestic nuclear power plants by 2022 and Germany will become the first major industrial country that no longer uses nuclear energy. The Swiss government also stated that the existing five nuclear power plants in Switzerland will reach their maximum service life from 2019 to 2034 and will not rebuild or renew the nuclear power station afterwards. Countries such as France and China also plan to invest heavily in nuclear power.

The strong growth of global power development and application in 2010 has made the electrical companies providing technical equipment perform well. In the â€œFinancial Timesâ€ recently announced by the UK in the list of 2011 Global 500 Listed Companies, the overall performance of electrical companies is better than the overall performance. According to the stock price of March 31st, the global top 500 market value increased by 12% year-on-year, from 23.5 trillion US dollars in the previous year to 26.2 trillion US dollars, and the market value of the 500th largest company also increased from 16 billion in the previous year. The dollar rose to 19 billion U.S. dollars. Twelve electrical-related companies performed well on the new list: Siemens' 42-digit market value was US$125.5 billion, up by 12 and it performed well; 173 Honeywell International had risen by 40 and was developing well; No. 174 Schneider Electric, with a 68-strong increase in performance, had a market value of US$46.5 billion; Hyundai Heavy Industries ranked new on the list and ranked 240th with a market value of 35.9 billion yuan, ranking first in 12 companies with a profit margin of 16.8%; The number of Mitsubishi Electric rose by 40; the 387th Hitachi rose by 93, but still ranked the last 12 companies with a loss of US$1.1 billion; 127 ABB rose by 3; and 182 Emerson Electric rose by 4. There are also several companies that have dropped in rankings, with General Electric down from 9 to 11; Buharat Heavy and Hefei 410, tumbled 113; Toshiba also dropped 88 to 448th.

The World's Top 100 Electric Manufacturers Reproduce the Light When the World Top 100 Listed Companies of the World Electric Corporation (the world's top 100 electric companies) were introduced for the first time in 2010, the market environment was really worrying and the end result was the same. The first World Electric Top 100 completed sales of 5.2865 trillion yuan in 2009, a year-on-year decrease of 8%, a net profit of 134.7 billion yuan, a drop of 60.63%, and a profit margin of only 2.55%. After the second World Electrical 100 list was established, people were relieved. The top 100 completed sales of 5.399 trillion yuan in 2010, an increase of 0.57% year-on-year, a net profit of 276 billion yuan, an increase of 114.5% year-on-year, and a higher profit margin. To 5.11%. The most important thing is that the second quarter of the World's top 100 electricians is 489 million yuan, 2.6 times more than the 187 million yuan of the previous session. Due to the restrictions of the conditions, as in the last World Electrical 100, there are still many imperfections in this session. In addition to Chinese companies, the global companies are mainly limited to the scope of the Forbes Global 2000. , smaller-scale global listed electric companies have not yet collected, this will be the key task for further improvement in the future.

The total sales of the world's top 100 electric enterprises in 2010 were 5.4 trillion yuan, 37 of which exceeded 37 billion yuan, of which 13 were over 100 billion yuan, and 22 were below 1 billion yuan. In 2010, there were six sales growth rate more than doubled, mainly for new energy technology suppliers. Sales of 17 companies increased by more than 50%, 50 companies exceeded 20%, and sales of 18 companies decreased. Six homes have fallen by more than two digits.

The net profit of the world's top 100 electric power companies in 2010 has greatly improved compared to the previous year, and profitability has improved. Eight of them had net profits of more than 10 billion yuan, 31 of which exceeded 1 billion yuan, 72 of which exceeded 200 million yuan, and 14 of which were less than 50 million yuan. Two of them suffered losses. There are 7 net profit margins exceeding 20%, 40 over 10%, and 21 under 5%.

In 2010, the performance differentiation of electrical companies in different industries and different countries was more obvious. Corresponding to the vigorous development of renewable energy in the world, the performance of new energy companies in the world's top 100 electrical industry is impressive. Among the companies with sales growth rate of more than 40%, new energy companies accounted for the majority, such as Mingyang Wind Power, Goldwind Technology, Sinovel Wind Power, and Huayi Electric, which are the main wind power technologies. The main photovoltaic power generation companies such as Oriental Sunrise, LDK, Yingli Green Energy, Suntech Power, etc. are growing faster. Companies that serve the smart grid and energy-saving companies also have outstanding performance among the top 100 companies. For example, the growth rates of Kelu Electronics, Inventronics, Rongxin, and Guodian Nanrui are among the top. It is surprising that the performance of traditional transmission and distribution companies has experienced a sharp correction. In such a good market as China, Three Power Technologies, Pinggao Electric, China West Power, SVA, and Siyuan Electric have strong power transmission and distribution. Businesses have seen a decline in sales and a sharp drop in profits. It may be a coincidence that the top five sales of the top 100 electrical companies in the world have declined in 2010. Schneider Electric, which ranks 9th in the top 100 in the world's electrical industry, achieved a growth rate of 19%. Its strength in the world has greatly increased and it has become an emerging energy efficiency management expert. In addition to strong endogenous growth, high-level acquisitions have also been made. An important contribution. In addition, leading global companies such as Hyundai Heavy Industries, Eaton, LS, and Rockwell Automation also achieved major business breakthroughs due to their respective characteristics.

India's Bukhara special heavy-duty electricity has benefited from the rapid growth of the domestic market. The development in recent years has been extremely strong. Several indicators have performed well on the top 100 list. The traditional electric power industry in Japan, due to the sluggish domestic market, the performance of electric companies was unsatisfactory, accounting for 4 seats in 10 sales growth, and 6 seats in the bottom 10 profit margins.

In the past year, the global economy has achieved recovery growth, and most of the global capital markets have resumed healthy operations. During this period, the development and application of electrical energy, represented by new energy development, has become a new growth point in the world, and the market value of electrical listed companies is also slowly rising. China and the United States, as the worldâ€™s top two countries in power development and application, have shown that the performance of listed electric companies represents the performance of global electric companies in the capital market. Here we compare the closing market values â€‹â€‹of 13 listed electric companies in the United States and 21 listed in China on July 13, 2010 and July 8, 2011.

First analyze the performance of 13 electric companies listed in the United States in the capital market. Compared with the closing market value on July 8, 2011 and July 13, 2010, the performance of new energy and electrical companies in the capital market was unsatisfactory. Apart from the newly listed Mingyang Wind Power, the lowest growth rate among the 12 companies was Three photovoltaic technology suppliers, China's Yingli Green Energy and Suntech Power have all experienced significant downward adjustments, and the market value of First Sun only increased by 2.5%. At the same time, the market value of these companies is still small and the highest. The Sun was only 11.4 billion U.S. dollars, while Yingli Green Energy and Suntech Power were not able to reach 1.5 billion U.S. dollars. This is in sharp contrast to the rapid development of the global photovoltaic industry. Compared with the unwillingness of new energy and electric companies in the capital market, the performance of traditional mature electric companies was dazzling. The market value of GE, which was ranked first, rose from 162.4 billion U.S. dollars to 2014 billion U.S. dollars, an increase of 24%. The market value increased by 41.3% to 118.6 billion U.S. dollars. The market value of ABB and Honeywell International also increased by more than 40%. The three traditional electrical companies with a market value of over 10 billion U.S. dollars performed better. The market value of Vail Automation has increased by 68.4%, the growth rate among 34 enterprises is only inferior to the three electrical companies in China, the market value of Eaton has also increased by 56.1%, and the market value of smaller Cooper Industries has also increased by 30.8. %. Emersonâ€™s market value grew by 22.9%, and the market value of Chinaâ€™s Helv Trading grew by 16.3%.

Just as in the United States, listed electrical companies, the performance of China's electrical listed companies has also shown differentiation. Of the 21 companies, three companies, namely Sinovel, Inovance Technologies and Sifang, are newly listed. Among them, the market value of Sinovel, the world's second-largest supplier of wind power technology, is as high as 60.5 billion, which is close to US$10 billion. Among the remaining 18 companies with the best performing wind power and smart grid companies, the growth rate of Huayi Electric's market capitalization of wind power enterprises was the highest, reaching 115.5%. The market value of Hunan Electric Power's shares increased by 42%, and it ranked among the top five wind power companies in the world. The market value of wind technology increased by 12.9%, showing a general performance. The South China National Semiconductorâ€™s market value of Nanru Guodian, which has benefited from the concept of smart grid, has also seen rapid growth, with growth rates of 98.7% and 79.5%, respectively, ranking the top 3 in the market value growth of 34 companies, and Dongfang Electricâ€™s market value increasing by 26.8%. The market value also increased by 19.2%. The two companies that conducted frequency conversion and energy saving also performed well. The market value of Inventronics increased by 36.1%, and the market share of Hekang's inverter increased by 13%. TBEA, which specializes in power transmission and distribution, has achieved outstanding performance with a 31.5% increase in market value. The increase in the market value of Siyuan Electric, Confidence Electric, and China's Xiduan Electric Co., Ltd., the other three companies that are also major in transmission and distribution, ranks the last 3 of 21 Chinese companies. The market value of Siyuan Electric fell by 39.1%. Shanghai Electric, as a leading integrated electrical technology supplier in China, performed generally with a 3.9% increase in market value and a market value of 88.7 billion yuan. The same comprehensive Dongfang Electric's market value was as high as 52.8 billion yuan, and the market value increased by 26.8%.

Globally, the electrical industry is buoyant with vitality and vitality. Companies in the electrical industry have also been welcomed by the capital market. From time to time, companies with outstanding strength and rapid growth have come to the capital market. Emerging markets represented by China and India have become fertile ground for the growth of new global electrical brands.